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Monday, May 4, 2020

Debt Collection Service is a popular service

Debt Collection
Debt Collection Service is a popular service where expert debt collectors or lawyers chase the debtors or vendors to recover the outstanding cheques, purchase orders, salaries, invoices etc. One thing should be understood therefore we want to address in the beginning that its a complete out of the court activity. Therefore it is much more suitable to call this amicable settlement, rather than legal activity. 
Previously, there used to be separate agencies for this job called Debt Collection Agencies. Later, these agencies emerged with Consultants or Law Firms. Few of them are still working as separate Agencies. Though it was not in the beginning, now the Law Firms are having a separate department and staff for the debt recovery services.
Though this is something which can not be imposed on debtors it is still believed that it's the best process to recover the funds. If it becomes mandatory to go to Court after trying the debt recovery process, the court really appreciates your efforts for an amicable settlement. If the legal notice is served, then it becomes the best advantage for the plaintiff. The Debt Recovery process is not much complicated but it's a matter of responsibility. Therefore when the service is offered by a Law Firm then clients especially businesses show much interest.
A reputed Law Firm
A reputed Law Firm especially Emirati Legal Company can never compromise on the status and respect. It is one of the reasons Law Firms offer quality and best debt collection services. Debt Collection Dubai, Debt Collection Abu Dhabi, Debt Collection Sharjah or wherever it has to be, debt collectors need to have good market knowledge, personal resources, data of the companies, locations and a solid grip over communications.
A good debt collector needs to have command over English, Arabic and Hindi language as these are three languages mostly spoken in the United Arab Emirates. Such varieties, talents and options are mostly offered by registered Law Firms only. Because these Law Firms are registered, established and properly having an organizational hierarchy, therefore they perform better and bring amazing results. Therefore we also recommend hiring a Law Firm.


Unpaid Salaries or Labour & Employment Issues 
Unpaid Salaries or other Employment disputes always require employment lawyers in dubai. But if it needs to be or the employee wants to be resolved amicably then it can be resolved like debt collection as well. Legal Notice is the best solution for the purpose. It can be served to the company followed by the chase and communication by the law firm. If unpaid Salaries or end of service benefits are or can be recovered in this way, then it's the best deal. We also strongly recommend trying this process before escalating to Court.
Debt Collection for the unpaid salaries can also be tried through the Law Firm where the Labour and Employment Advocates will try for collecting the unpaid salaries. Even though if the Article 120 is used by the employer but if the termination was the false then unpaid salaries, gratuity, notice period plus the 3 months compensation can be demanded through lawyer. Technically this is not a debt recovery but this is process where the Employment Dues can also be collected same like debt collection process and outside the court.

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